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September 28, 2022September 28, 2022

Inauguration Of Ishaq Dar As New Finance Minister

September 28, 2022 / By Zunair Tahir / Pakistan News

**On September 28, 2022, Ishaq Dar of the PML-N swears in as the next finance minister.**

Ishaq Dar, a prominent member of the Pakistan Muslim League-Nawaz (PML-N), was sworn in as the nation’s new finance minister on Wednesday.

At the Aiwan-i-Sadr, the oath was delivered by President Dr. Arif Alvi. At the oath-taking event, attendees included Interior Minister Rana Sanaullah and Prime Minister Shehbaz Sharif.

ALSO READ: In Pakistan, Petrol Prices May Decrease By Rs.5 & Diesel Prices By Rs.15

“To bear genuine faith and devotion to Pakistan,” Dar said at the event. “To fulfil its responsibilities honestly to the best of its capacity and truthfully in line with the Constitution of the Islamic Republic of Pakistan and the law.”

“I shall work to protect the Islamic ideology that served as Pakistan’s foundation. The new minister recited the words of the oath while reading it. “That I will not permit my personal interests to affect my official behaviour or my official choices,” he stated.

The action was taken when Miftah Ismail, a former finance minister, resigned from his position to make room for the PML-N senator.

Following a crucial party conference presided over by party leader and former prime minister Nawaz Sharif in London, the choice to choose Dar as the next finance czar was decided. Sen. sworn into office

Ishaq Dar took the oath of office as a senator on Tuesday amidst protests from Pakistan Tehreek-e-Insaf (PTI) MPs.

Dar took the oath of office from Senate Chairman Sadiq Sanjrani after returning to Pakistan earlier in the day after nearly five years in the UK on a “medical leave.”

While on trial for corruption in 2017, the PML-N leader had fled the nation.

Leaders of the PML-N greeted him by thudding their desks as he walked into the Senate hall.

However, PTI senators gathered around the chairman’s rostrum when he was taking the oath of office and yelled things like “absconder.”

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In Pakistan, Petrol Prices May Decrease By Rs.5 & Diesel Prices By Rs.15

September 27, 2022 / By Zunair Tahir / Pakistan News

Due to a substantial reduction in POL rates in foreign markets, petroleum product prices are expected to drop by up to Rs 15 starting on October 1st, according to industry sources on Tuesday.

According to estimations made by specialists in the oil business, the price of diesel may drop by Rs. 15 and that of gasoline may drop by Rs. 5 during the course of the next two weeks.

POL costs are anticipated to decline starting on October 1.
The cost of diesel may decrease by Rs 15.
Prices for gas might be reduced by Rs5.

ALSO READ: Current Fuel Prices In Pakistan

They stated that the new price will be determined based on the price of oil on the global markets through September 29.

“The POL prices will drop if the government chooses to keep the fuel levy at the existing percentage,” they continued.

The government is required to charge a fee on petroleum products as part of an agreement with the International Monetary Fund (IMF).

The application of a petroleum levy on gasoline is now set at Rs37.50 per liter and on diesel at Rs7.50 per litre, according to a notification released on September 1.

ALSO READ: Pakistan Suzuki Unveils the Alto VXR AGS With ABS

On September 21, the government raised the price of gasoline from Rs235.98 to Rs237.43 while maintaining the price of High-Speed Diesel (HSD) at Rs247.43.

Kerosene’s price was cut by Rs. 8.30, from Rs. 210.32 to Rs. 202.02, while light diesel oil’s price was cut by Rs. 4.26, from Rs. 201.54 to Rs. 197.28.

Pakistan Win By 3 Runs In Dramatic Finish At Karachi

September 26, 2022 / By Zunair Tahir / Sport News

**After defeating England in the fourth Twenty20 cricket match, Pakistan’s players celebrate in Karachi.**

In a thrilling match on Sunday in Karachi, Pakistan defeated England by three runs. After losing their top three, England’s 168-point chase never really got underway. However, Haris Rauf took two wickets in as many balls to leave Adil Rashid and Reece Topley needing four runs from the last over after Liam Dawson hit 24 from an over to push his team close to victory. They were unable to complete the task, though, and the hosts tied the series at 2-2.

The series’ next game will be played in Lahore with the score currently tied at 2-2 between the two sides (September 28, 30 and October 2).

At the National Stadium in Karachi on Sunday, England captain Moeen Ali called the toss and chose to put Pakistan in to bat.

Pakistan was given the opportunity to bat first but was only given a goal of 167 runs, which by all accounts should have been simple for an English team to reach after setting a massive 222-run total in the previous game.

Haris Rauf (3-32) Mohammad Hasnain (2-40) and Mohammad Wasim (1-30) pressured the English side with their speed, while spinners Mohammad Nawaz (3-35) and Mohammad Iftikhar (0-23) limited the run rate even as the Pakistani batters struggled to find their feet.

2️⃣ changes to our playing XI today 👇#PAKvENG | #UKSePK pic.twitter.com/RLDp1A3did
— Pakistan Cricket (@TheRealPCB) September 25, 2022

Pakistan played in the 200th T20 game, becoming the first side to do so.

From the previous game, England made three adjustments. While Olly Stone received his opportunity to play in an international T20 match, Alex Hales and David Willey entered the lineup.

They took the place of Mark Wood, Sam Curran, and David Malan.
In order to bring Asif Ali and Naseem Shah, Pakistan left aside the unhealthy Haider Ali and Shahnawaz Dahani.

TEAM DETAILS:

Pakistan Cricket Team:

Babar Azam (captain), Mohammad Rizwan, Shan Masood, Asif Ali, Haris Rauf, Iftikhar Ahmed, Mohammad Nawaz, Khushdil Shah, Mohammad Hasnain, Usman Qadir, Mohammad Wasim

England Cricket Team:

Moeen Ali (captain), Will Jacks, Harry Brook, Olly Stone, Ben Duckett, Liam Dawson, Alex Hales, Adil Rashid, Phil Salt, Reece Topley, David Willey

Umpires:

Asif Yaqoob (PAK) and Faisal Afridi (PAK)

TV umpire:

Rashid Riaz (PAK)

Match referee:

Ahsan Raza (PAK)

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For The 2024 LMDh Automobile, Lamborghini Is Designing A New V8 Turbo Engine

September 21, 2022 / By Zunair Tahir / Automotive News

**Giorgio Sanna, the head of Lamborghini Motorsport, Andrea Caldarelli, a factory driver for the automaker Mirko Bortolotti, factory driver for Lamborghini**

On Monday, the company released a new teaser image of the Lamborghini LMDh, which is being developed in collaboration with the French manufacturer Ligier Automotive, along with the first information on the hybrid powertrain’s internal combustion component.

In contrast to the production-based V10 that powers Lamborghini Squadra Corse’s Huracan GT3 and Super Trofeo one-make gear, the LMDh engine is the company’s first from the ground up. Lamborghini Squadra Corse was created in 2013.

The Italian designer has stated that the engine would be a 90-degree V8, but not its exact capacity, which is thought to be about four litres. It will weigh 180 kg, which is the minimum allowed under the rules.

Pakistan VS England 2022, 1st T20 Starts Today

September 20, 2022 / By Zunair Tahir / Sport News

For a historic visit, the England cricket team has landed in Pakistan. After 17 long years, the Three Lions are returning to Pakistan for a seven-match T20I series. Babar Azam and company enter this series coming off a heartbreaking loss to Sri Lanka in the Asia Cup final.

Before the 2019 T20 World Cup, Pakistan will be aiming to make apologies and resolve all of the problems within their team. In the crucial series, Mohammad Rizwan’s strike rate will be scrutinized. Many commentators have criticized the 30-year-old for his dubious strategy in the Asia Cup final. Babar Azam, the captain, will try to regain his form by scoring some runs.

Full Schedule:

Karachi leg of the series

1st T20I – September 20
2nd T20I – September 22
3rd T20I – September 23
4th T20I – September 25

Lahore leg of the series

5th T20I – September 28
6th T20I – September 30
7th T20I – October 2

**Jos Buttler and Matthew Mott observe training**

Pakistani Squad:

Babar Azam (c), Shadab Khan (vc), Mohammad Rizwan (wk), Mohammad Nawaz, Shan Masood, Aamir Jamal, Abrar Ahmed, Asif Ali, Haider Ali, Haris Rauf, Iftikhar Ahmed, Khushdil Shah, Naseem Shah, Mohammad Haris, Mohammad Hasnain, Mohammad Wasim Junior, Shahnawaz Dahani, Usman Qadir

England Squad:

Jos Buttler (c & wk), Moeen Ali (vc), Alex Hales, Dawid Malan, Jordan Cox (wk), Harry Brook, Sam Curran, Liam Dawson, Chris Woakes, Ben Duckett, Richard Gleeson, Tom Helm, Will Jacks, Adil Rashid, Phil Salt, Olly Stone, Reece Topley, David Willey, Mark Wood, Luke Wood

Hosts 🤝 Guests#PAKvENG | #UKSePK pic.twitter.com/RznnBn3tpp
— Pakistan Cricket (@TheRealPCB) September 17, 2022

England, captained by Jos Buttler, is aware that Pakistan is the favourite to win in these circumstances. It is important to note that a few of the England team’s players have had some experience playing in Pakistan thanks to the PSL. In recent years, players such as Alex Hales and Dawid Malan have competed in the Pakistan Super League.

For the Karachi leg of the series, Jos Buttler won’t be available, hence Moeen Ali will captain England. Liam Livingstone, Sam Curran, Chris Jordan, and Adil Rashid are T20 experts who will be crucial to England’s prospects. Here are all the specifics of the historic T20I series between Pakistan and England before the first T20I in Karachi.

Additionally, England arrives in Pakistan with a debt of gratitude to settle and an air of regret. The ECB was effectively kept afloat during an unprecedented crisis for the sport by Pakistan’s own willingness to visit England in the summer of 2020

**Pakistan captain Babar Azam at a floodlit training session**

When Covid had struck, and tolerating the enormous restrictions of that bio-secure summer. As a result, when last year’s goodwill return visit was cancelled without a good reason, the outrage was understandable and justified.

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Mercedes-AMG Teased The 2023 C63 Ahead Of Its Debut On September 21

September 19, 2022 / By Zunair Tahir / Automotive News

Exactly 63 hours before the premiere, AMG published the teaser image.

At the Goodwood Festival of Speed earlier this year, AMG presented a near-production prototype of the C63 that was only lightly covered. Now, the sports sedan is going to be unveiled. There isn’t much we don’t know about the BMW M3 competitor, but we’re interested to see how those intriguing technological details will translate into performance in the real world. The subsequent model, in contrast to its rear-wheel-drive predecessor, will only be offered with 4Matic.

The V8 is now officially a thing of the past, to address the big issue in the room. The folks from Affalterbach have repeated multiple times that the 2.0-liter M139 from the “45” models would be used in the new C63, but with higher power and longitudinal mounting. Yes, the vehicle will be a plug-in hybrid. A 6.1 kWh battery will supply power to a rear-mounted electric motor.

2023 Mercedes-AMG C63 at Goodwood FoS 2022

Although purists will undoubtedly be unhappy by the cylinder count reduction, the flagship C-Class should still be brisk thanks to its combined 670 horsepower.

We can only hope that the C63 Estate will be shown as well; this hot wagon will compete against the M3 Touring, a brand-new competitor. Aside: New M vehicles will also be plug-in hybrids starting in 2023.

The Bavarians, on the other hand, promise to continue with the inline-six and V8 until at least 2030 and have no plans to reduce the size of their combustion engines.

Considering its PHEV design, the AMG C63 should have a fully electric range, but given how tiny the battery will be, the combustion engine will engage sooner rather than later. Weight is a worry since, despite the fact that the four-cylinder engine is lighter than the original V8, the hybrid-related components will undoubtedly add weight, and it wouldn’t surprise us if it ended up being significantly heavier than its predecessor.

Wednesday, September 21 is the planned date for the world premiere. Due to the two-door C-Class and E-Class models combining to form the CLE, AMG will not be releasing another C63 Coupe and Cabriolet.

Business News

September 17, 2022September 17, 2022

UK Pound Drops To 37-Year Low

September 17, 2022 / By Zunair Tahir / Business News

The British pound hit new lows against the US dollar and the euro on Friday, marking the 30th anniversary of “Black Wednesday,” as weaker-than-expected retail overall sales fueled concerns about the country’s economy.

In terms of the dollar, the pound dropped more than 1% to $1.1351—its lowest level since 1985—and was most recently trading at $1.1404.

A further significant rate rise from the Federal Reserve next week has been priced in by markets as a result of this week’s hotter-than-expected U.S. inflation, which has made the dollar stronger than most other major currencies in recent months.

The euro, on the other hand, increased to 87.71 pence on Friday, its highest level since February 2021, while the pound has notably suffered. At 87.45 pence, it was recently up 0.39 percent.

A severe depreciation of the pound resulted from Britain’s exit from the Exchange Rate Mechanism, a mechanism created to lessen currency swings prior to the introduction of the euro, on September 16, 1992.

Sterling dropped 4.3% on that day, now known as Black Wednesday, and ended the day at $1.778, which is significantly more than it is presently.

The statistics that led to Friday’s decline indicated that retail sales volumes fell 1.6% in monthly terms in August, which was worse than all of the projections in a Reuters survey of experts, who had called for a 0.5% decline. This was the worst loss since December 2021.

The International Monetary Fund predicts that the British economy will see weaker economic growth and more persistent inflation than any other major country in 2019.

According to John Hardy, director of FX strategy at Saxobank, “the grinding backdrop of everything that’s going on is pushing on sterling, with the UK running these big external deficits and the concerns around the incoming prime minister’s plans contributing to that.”

To lessen the economic blow of the war in Ukraine, Britain’s new leader, Liz Truss, proposed last week a two-year ceiling on consumer energy prices. The measures are expected to cost the nation upwards of 100 billion pounds ($115 billion).

On September 23, British Finance Minister Kwasi Kwarteng is anticipated to present a fiscal statement outlining how this will be paid for as well as how he would carry out the tax cuts Truss pledged during her run for the Conservative Party leadership.

Additionally, markets are “risk-off” as a result of FedEx pulling their prediction and a decline in U.S. stocks below a crucial support level. Sterling is equivalent to a worse euro in a risk-off atmosphere, according to Foley.

On Thursday, FedEx Corp cancelled the financial projection it had made just three months prior, sending its shares tumbling and straining the market as a whole.

A jam-packed week of central bank meetings will include the Bank of England’s meeting the following week. Market pricing suggests that a 75-basis-point increase has a little higher probability than a 50-basis-point increase.

There is definitely a danger that a 50bp boost will spark further GBP selling, according to MUFG, given that the (European Central Bank) increased rates by 75bps, the Bank of Canada did the same, the Fed will follow suit, and potentially the (Swiss National Bank).

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Pakistan Suzuki Unveils the Alto VXR AGS With ABS

September 17, 2022 / By Zunair Tahir / Automotive News

Pak Suzuki has now introduced Suzuki Alto VXR with AGS technology.

In order to draw in more buyers, Pak Suzuki Motor Company (PSMC) has unveiled a brand-new variation of their best-selling car, the “Suzuki Alto VXR AGS.”
Pak Suzuki automobiles have been warmly appreciated by consumers since they first debuted 40 years ago, and even now, Suzuki’s Alto is the most popular vehicle in Pakistan.

But with its most recent modification to an already popular automobile, the company’s commitment to ongoing development and outstanding customer service is clear.

The Suzuki Alto VXR AGS is equipped with an Anti-Lock Braking System in addition to the company’s Auto Gear Shift (AGS) technology, which is apparent from the name (ABS).

Suzuki Alto VXR AGS Price in Pakistan

The Suzuki Alto VXR AGS’s Rs. 2,120,000 starting price in Pakistan makes sense given that the automaker has introduced two new features to the car, including the Auto Gear Shift (AGS) and Anti-Lock Breaking System (ABS), which increases safety.

VARIANT	ENGINE	PRICE
Suzuki Alto VXR AGS/ABS	660cc	Rs. 2,120,000 EST

England Cricket Team Arrives In Pakistan After 17 Years

September 16, 2022 / By Zunair Tahir / Sport News

The cricket team from England arrived in Karachi on Thursday as part of their first trip to Pakistan in 17 years.

England last played in Pakistan in 2005, and they were scheduled to return last year before abruptly cancelling after New Zealand also postponed a tour owing to safety concerns.

The Pakistan Cricket Board (PCB), which was outraged by the action, described it as “disrespectful.”

Pakistan was compelled to host England for series in 2012 and 2015 after an assault in 2009 on the Sri Lankan team bus in Lahore. The UAE served as one such location.

International cricket has slowly made a comeback in Pakistan over the past five years, and earlier this year, Australia completed a successful tour for the first time in over 25 years.

The PCB expressed confidence that the England games will also go ahead without a hitch, noting that the Australia series had “demonstrated our event planning and operational expertise. “Roads between the England team accommodation and Karachi’s National stadium will be closed off and guarded by security personnel on game days. Their route will be monitored by a helicopter, and businesses that have stadium views will be required to close.

The government of Pakistan was engaged in conflict with insurgents the previous time England visited. Although the security situation has significantly improved since then, assaults have increased since since the Taliban retook control of the neighboring country of Afghanistan.

The journey takes place as Pakistan struggles to recover from devastating floods that has affected at least 33 million people and submerged roughly a third of the nation.

The England and Wales Cricket Board (ECB) stated last month that despite the humanitarian crisis, the team was “desperate” to play in Pakistan.

📸📸 pic.twitter.com/Et31EWE3pk
— Pakistan Cricket (@TheRealPCB) September 15, 2022

Rob Key, general director of men’s cricket, said: “I think ideally us going over there and playing will be a positive for what’s been a really horrific moment for the people of that nation.”

From September 20 to October 2, the 19-man England side, led by Jos Buttler, will compete against Pakistan in seven Twenty20 matches in Karachi and Lahore as preparation for the T20 World Cup in Australia that will take place the following month.

Three five-day Test matches will be played in England when they return in December.

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Gill Released After Being Detained For Many Weeks In A Sedition Case

Shahbaz Gill Released After Being Detained For Many Weeks In A Sedition Case

September 16, 2022 / By Zunair Tahir / Pakistan News

Shahbaz Gill, the former prime minister Imran Khan’s chief of staff, was granted release on Thursday after spending months in custody while awaiting prosecution for statements that were derogatory of the military.

He tweeted in Arabic shortly after his release, “Allah is sufficient for us and the best of those on whom to depend.”

“حَسْبُنَا اللَّهُ وَنِعْمَ الْوَكِيْلُ”
— Dr. Shahbaz GiLL (@SHABAZGIL) September 15, 2022

Inauguration Of Ishaq Dar As New Finance Minister

ALSO READ: In Pakistan, Petrol Prices May Decrease By Rs.5 & Diesel Prices By Rs.15

READ MORE NEWS…

In Pakistan, Petrol Prices May Decrease By Rs.5 & Diesel Prices By Rs.15

ALSO READ: Current Fuel Prices In Pakistan

ALSO READ: Pakistan Suzuki Unveils the Alto VXR AGS With ABS

Pakistan Win By 3 Runs In Dramatic Finish At Karachi

TEAM DETAILS:

Pakistan Cricket Team:

England Cricket Team:

Umpires:

TV umpire:

Match referee:

For The 2024 LMDh Automobile, Lamborghini Is Designing A New V8 Turbo Engine

READ MORE: Mercedes-AMG Teased The 2023 C63 Ahead Of Its Debut On September 21

Pakistan VS England 2022, 1st T20 Starts Today

Full Schedule:

Karachi leg of the series

Lahore leg of the series

Pakistani Squad:

England Squad:

Mercedes-AMG Teased The 2023 C63 Ahead Of Its Debut On September 21

2023 Mercedes-AMG C63 at Goodwood FoS 2022

UK Pound Drops To 37-Year Low

Pakistan Suzuki Unveils the Alto VXR AGS With ABS

Pak Suzuki has now introduced Suzuki Alto VXR with AGS technology.

Suzuki Alto VXR AGS Price in Pakistan

READ MORE: 2022 Suzuki Price List In Pakistan

England Cricket Team Arrives In Pakistan After 17 Years

Shahbaz Gill Released After Being Detained For Many Weeks In A Sedition Case

READ MORE: Pakistan’s Prime Minister Pledges To Compensate Flood Victims

READ MORE: MG3 Arriving Soon – Says Javed Afridi, But Kab Tak???

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